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Fidelity U.S. Focused Stock Class Series B

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U.S. Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(08-29-2025) 		$52.26
Change
-$0.73 (-1.39%)

As at July 31, 2025

As at June 30, 2025

As at July 31, 2025

Period
Created with Highcharts 10.3.3Jul 2023Jul 2025Oct 2022Jan 2023Apr 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jul 2004Jan 2008Jul 2011Jan 2015Jul 2018Jan 2022$10,000$7,500$12,500$15,000$17,500$20,000Period

Legend

Fidelity U.S. Focused Stock Class Series B

Compare Options

Fund Returns

Inception Return (September 25, 2001): 7.57%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 7.45% 25.62% -2.11% 3.40% 14.95% 24.84% 20.65% 12.27% 14.21% 15.59% 15.45% 17.19% 16.21% 14.20%
Benchmark 3.75% 14.47% 0.98% 4.47% 16.63% 22.18% 20.13% 14.21% 16.63% 16.21% 15.16% 15.90% 15.37% 14.37%
Category Average 2.77% 12.61% -0.79% 3.25% 11.69% 17.04% 15.31% 9.43% 12.84% 12.04% 11.19% 11.79% 11.55% 10.41%
Category Rank 21 / 1,363 37 / 1,336 851 / 1,305 613 / 1,297 426 / 1,278 175 / 1,228 225 / 1,165 311 / 1,091 381 / 1,029 177 / 976 92 / 885 73 / 831 70 / 744 70 / 655
Quartile Ranking 1 1 3 2 2 1 1 2 2 1 1 1 1 1

Monthly Return

Created with Highcharts 10.3.3-15%-10%-5%0%5%10%
Monthly Return
Return % Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul
Fund -0.01% 3.59% 3.05% 5.83% -1.59% 5.63% -5.93% -11.12% -6.80% 7.64% 8.61% 7.45%
Benchmark 0.07% 2.23% 2.12% 6.59% 0.26% 3.46% -1.62% -6.04% -4.57% 5.88% 4.21% 3.75%

Best Monthly Return Since Inception

13.14% (February 2024)

Worst Monthly Return Since Inception

-13.50% (September 2008)

Calendar Return (%)

Created with Highcharts 10.3.3-40%-20%0%20%40%60%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 18.71% -1.65% 21.61% 12.64% 22.93% 28.23% 24.02% -22.66% 24.21% 45.40%
Benchmark 20.77% 8.65% 13.80% 3.98% 25.18% 16.07% 28.16% -12.52% 23.32% 36.01%
Category Average 10.40% 6.16% 13.43% -2.19% 22.72% 13.97% 23.22% -14.41% 18.85% 26.98%
Quartile Ranking 2 4 1 1 3 1 3 4 2 1
Category Rank 196/ 633 600/ 681 126/ 758 32/ 843 565/ 915 149/ 990 547/ 1,055 877/ 1,105 412/ 1,168 47/ 1,254

Best Calendar Return (Last 10 years)

45.40% (2024)

Worst Calendar Return (Last 10 years)

-22.66% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 86.08
International Equity 9.48
Canadian Equity 3.68
Cash and Equivalents 0.76
Foreign Corporate Bonds 0.01

Sector Allocation

Sector Allocation
Name Percent
Technology 55.54
Financial Services 12.20
Consumer Services 11.86
Industrial Goods 6.92
Consumer Goods 5.70
Other 7.78

Geographic Allocation

Geographic Allocation
Name Percent
North America 90.53
Europe 5.93
Asia 3.55

Top Holdings

Top Holdings
Name Percent
NVIDIA Corp -
Meta Platforms Inc Cl A -
Microsoft Corp -
Amazon.com Inc -
Robinhood Markets Inc Cl A -
Kyndryl Holdings Inc -
DraftKings Inc Cl A -
Bank of New York Mellon Corp -
Broadcom Inc -
Taiwan Semiconductor Manufactrg Co Ltd - ADR -

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return8101214161820222426280%5%10%15%20%25%30%35%

Fidelity U.S. Focused Stock Class Series B

Median

Other - U.S. Equity

3 Yr Annualized

Standard Deviation 17.58% 17.47% 15.75%
Beta 1.23% 1.18% 1.10%
Alpha -0.03% -0.04% -0.01%
Rsquared 0.80% 0.83% 0.82%
Sharpe 0.93% 0.71% 0.81%
Sortino 1.65% 1.08% 1.18%
Treynor 0.13% 0.10% 0.12%
Tax Efficiency 100.00% 100.00% 99.35%
Volatility Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 9 on a scale of 1 to 10

Risk Rating

Rating 10 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 22.43% 17.58% 17.47% 15.75%
Beta 1.58% 1.23% 1.18% 1.10%
Alpha -0.09% -0.03% -0.04% -0.01%
Rsquared 0.91% 0.80% 0.83% 0.82%
Sharpe 0.59% 0.93% 0.71% 0.81%
Sortino 0.90% 1.65% 1.08% 1.18%
Treynor 0.08% 0.13% 0.10% 0.12%
Tax Efficiency 100.00% 100.00% 100.00% 99.35%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A69.2​69.260.4​60.40%10%20%30%40%50%60%70%80%90%100%

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A71.8​71.862.0​62.00%10%20%30%40%50%60%70%80%90%100%

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A49.6​49.654.6​54.60%10%20%30%40%50%60%70%80%90%100%

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A57.9​57.963.3​63.30%10%20%30%40%50%60%70%80%90%100%

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

View the full methodology

Fund Details

Start Date September 25, 2001
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $483

Fund Codes

FundServ Code Load Code Sales Status
FID284

Investment Objectives

The Fund aims to achieve long-term capital growth. It seeks a similar return to its underlying fund, which is also managed by Fidelity, by investing substantially all of its assets in units of that fund. The underlying fund aims to achieve long-term capital growth by investing primarily in equity securities of U.S. companies.

Investment Strategy

The strategies described below relate to the Fund and the underlying fund, Fidelity U.S. Focused Stock Fund. To meet the Fund’s objectives, the portfolio management team of the underlying fund: Focuses on a company’s fundamentals and invests in shares of companies that trade at prices that reflect attractive valuations based on its assessment of each company’s potential for growth and earnings.

Portfolio Management

Portfolio Manager

Fidelity Investments Canada ULC

  • Stephen DuFour
Sub-Advisor

-

Management and Organization

Fund Manager

Fidelity Investments Canada ULC
Custodian

State Street Trust Company Canada
Registrar

Fidelity Investments Canada ULC
Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 25
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 2.24%
Management Fee 1.85%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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